Assess market needs

Formats and tools

Unit Description
Reconstruct the unit from the xml and display it as an HTML page.
Assessment Tool
an assessor resource that builds a framework for writing an assessment tool
Assessment Template
generate a spreadsheet for marking this unit in a classroom environment. Put student names in the top row and check them off as they demonstrate competenece for each of the unit's elements and performance criteria.
Assessment Matrix
a slightly different format than the assessment template. A spreadsheet with unit names, elements and performance criteria in separate columns. Put assessment names in column headings to track which performance criteria each one covers. Good for ensuring that you've covered every one of the performance criteria with your assessment instrument (all assessement tools together).
Wiki Markup
mark up the unit in a wiki markup codes, ready to copy and paste into a wiki page. The output will work in most wikis but is designed to work particularly well as a Wikiversity learning project.
Evidence Guide
create an evidence guide for workplace assessment and RPL applicants
Competency Mapping Template
Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners. A template for developing assessments for a unit, which will help you to create valid, fair and reliable assessments for the unit, ready to give to trainers and students
Observation Checklist
create an observation checklist for workplace assessment and RPL applicants. This is similar to the evidence guide above, but a little shorter and friendlier on your printer. You will also need to create a seperate Assessor Marking Guide for guidelines on gathering evidence and a list of key points for each activity observed using the unit's range statement, required skills and evidence required (see the unit's html page for details)

Self Assessment Survey
A form for students to assess thier current skill levels against each of the unit's performance criteria. Cut and paste into a web document or print and distribute in hard copy.
Moodle Outcomes
Create a csv file of the unit's performance criteria to import into a moodle course as outcomes, ready to associate with each of your assignments. Here's a quick 'how to' for importing these into moodle 2.x
Registered Training Organisations
Trying to find someone to train or assess you? This link lists all the RTOs that are currently registered to deliver FNSSAM502A, 'Assess market needs'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Books
Reference books for 'Assess market needs' on fishpond.com.au. This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to ntisthis.com for every purchase, so go nuts :)


Elements and Performance Criteria

ELEMENT

PERFORMANCE CRITERIA

1. Collect information on the internal business environment

1.1. Core activities, customer base and strategic direction of the business are identified and documented

1.2. Information on current marketing performance and successful or underperforming products or services is accessed and analysed

1.3. Current capabilities and resources are determined and documented

2. Collect information on the external business environment

2.1. Information on expected growth or decline of demand for financial products and services and associated risk factors is collected and analysed

2.2. Projected changes in economic activity, labour force, population and other factors that may affect business are identified

2.3. Information on comparable products and services in the market is collected and analysed

2.4. Emerging trends in the market are identified and assessed

3. Analyse data collected

3.1. The reliability and validity of data collected is established and information collected on the internal and external environment analysed, using appropriate methods, and documented

3.2. Results of the analysis are presented in a format that may be used to guide marketing decisions

4. Identify opportunities for financial products

4.1. Based on data collected, opportunities for financial products and services are identified and a range of options developed

4.2. Options are justified on the basis of analysis of information collected

5. Determine viability of options and present results to appropriate personnel

5.1. Options identified are reviewed against existing products and services and assessed against the organisation's capacity to deliver the financial products or services

5.2. Viability of each option is assessed based on data collected

5.3. Results of investigation and analysis are presented in a clear concise format to appropriate personnel to assist in decision making


Qualifications and Skillsets

FNSSAM502A appears in the following qualifications:

  • FNS51110 - Diploma of General Insurance
  • FNS50910 - Diploma of Banking Services Management
  • FNS51611 - Diploma of Securitisation
  • FNS51811 - Diploma of Financial Services